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Millwork, cabinets, built-ins, manufacturer Location: Westchester County, New York Primary Category: Mfg. - Furniture and Fixtures Secondary Category: Retail - Home Furniture & Furnishings Your Reference ID: 333 Financial Information Asking: $4,000,000 Gross: 3,000,000 Cash Flow: $750,000 Furniture, Fixtures & Equipment: 608,000 Financing: Depending on the buyer Summary Description The company produces its own custom cabinetry utilizing fine European design and craftsmanship. The owner and his fine team of dedicated craftsman have a passion for wood focusing on intricate detail that ultimately produces a quality end product complete with professional installation. Customization also allows for a much better service component for clients in that there is tighter control over the manufacturing process than if outsourced to a vendor. This strategy has been integral to the steady 30% annual growth of the company in the past eight years and the over 300% revenue growth since its inception in 1994. General Information Facilities: Beautiful 10,000 mill working factory, show room, office area. Located on a busy street. Building recently gutted and rebuilt. Approximately $1.5 million was invested in the renovation. State of the art machinery. A showpiece! Competition: This business provides custom millwork to some of the area's finest contractors and developers. They can do low end work for motels, or the most detailed millwork for the high end home or business. Growth and Expansion: Most business is word of mouth. Advertise and hire a salesperson. Support/Training: Two weeks for free but the owner will stay on for 6-12 months (for a salary) to ensure transition to the new buyer. Reason Selling: Family Year Established: 1994 Employees: 12 Contact Information Contact: Steve Lovas Phone: 914 552 0888 Email: slovas@chandalar.com |